by Mike Duff | Jan 19, 2024 | Featured News, Retail Articles
As it continues a series of actions initiated in 2022, Wayfair stated it would reduce its global workforce by 13%. After an organization-wide analysis of workforce size and structure, the company decided to layoff 1,650 employees, Wayfair stated. The layoffs will most...
by Mike Duff | Nov 1, 2023 | Featured News, Retail Articles
The third quarter saw Wayfair top a Wall Street estimate on earnings as revenues came up a bit short. Net loss was $163 million, or $1.40 per diluted share versus a net loss of $283 million, or $2.66 per diluted share, in the year-prior quarter. Adjusted for one-time...
by Mike Duff | Oct 18, 2023 | Retail Articles
Wayfair is making its pitch to early holiday shoppers with a second version of the company’s key promotional event. The second 2023 Way Day will kick off as a two-day event at midnight easter time on October 25, featuring deals on more than one million items for the...
by Mike Duff | Oct 2, 2023 | Retail Articles
Wayfair has launched The Montana Collection by Kelly Clarkson Home including vintage looks and antiqued details inspired by the star’s ranch home in Montana. The exclusive collection expands the Kelly Clarkson Home product line with hundreds of new furniture and...
by Mike Duff | Sep 7, 2023 | Retail Articles
Ubique Group, a merchandiser of furniture and décor, has teamed up with Martha Stewart to launch a new line of home office products including furniture and storage. The 112-piece collection consists of commercial-quality office furniture in an assortment of styles and...
